Slide 1: Copper, Zinc and Uranium Projects in NT and SA
For personal use only Copper, Zinc and Uranium Projects in NT and SA ASX CODE: CXO
Slide 2: Disclaimer
DISCLAIMER For personal use only The information in this report that relates to Exploration Results and Mineral Resources is based on information compiled by Stephen Biggins (BSc(Hons)Geol, MBA) as Managing Director of Core Exploration Ltd who is a member of the Australasian Institute of Mining and
Slide 3: Copper, Zinc and Uranium in NT and SA
Copper, Zinc and Uranium In NT and SA For personal use only Core has 100% owned tenure covering over 2,000km2 – Albarta and Jervois Project, NT • Multiple drill targets at Jervois Domain close to KGL & RXL • Exploration finding new zinc/lead targets Core awarded Govt funding to drill fault zones con
Slide 4: Jervois Domain & Albarta Project, NT
JERVOIS DOMAIN & ALBARTA PROJECT, NT For personal use only STRONG COPPER AND BASE METAL PROSPECTIVITY IN THE EAST ARUNTA Multiple occurrences of copper & base metals on Core’s tenure Federal co-funded CSIRO research to target mineral systems on Core’s Jervois Domain and Albarta 4 Projects, NT
Slide 5: Core's Jervois Domain, NT
CORE’S JERVOIS DOMAIN, NT For personal use only KGL’s 13m @ 5.75% Cu RXL’s 38m @ 4.4% Cu Substantial intersections of massive copper sulphides in the east Arunta 5
Slide 6: Jervois Domain Project
JERVOIS DOMAIN PROJECT For personal use only Core’s Big-J interpreted as possible folded extension to KGL’s J-fold “line of lode” 6
Slide 7: Jervois Domain Project
JERVOIS DOMAIN PROJECT For personal use only • New independent study by NTGS J‐Fold strengthens the Big‐J potential of Core’s Big-J Fold • Core’s 100% owned tenure covers 15km of the highly prospective Big-J 7
Slide 8: Jervois Domain Project
JERVOIS DOMAIN PROJECT For personal use only • Prospect scale geophysical modelling has identified multiple magnetic, conductive and chargeable targets • Targets consistent with the sedex/VHMS • Phase 1 CSIRO modelling to prioritise Dante Prospect drill targets to be Geophysical Modelling completed
Slide 9: Albarta Project, NT
ALBARTA PROJECT, NT For personal use only • New results confirm regional potential for zinc mineralisation in the NT • New Black Gate Prospect soil results show a range of anomalous metals like Blueys/Inkheart, but with much higher zinc • Core has 100km strike of the target silver-lead-zinc host geo
Slide 10: Yerelina Zinc, SA
YERELINA ZINC, SA For personal use only • Core awarded SA Govt co- funded drilling planned for 2nd half of 2015 • Up to 14.7 % zinc, 11.7% lead, and 567 g/t silver in separate rock chips • Mineralised breccia and surface gossans hosted within fault zones up to 1.5km long. • High grade mineralisation
Slide 11: Australian uranium projects SA & NT
For personal use only Australian uranium projects SA & NT ASX CODE: CXO
Slide 12: Uranium: Australia's Next Billion Dollar Industry
URANIUM: AUSTRALIA’S For personal use only NEXT BILLION DOLLAR INDUSTRY Australia is endowed with the world’s largest resources of uranium and is the world’s third biggest exporter. 12
Slide 13: Australia's Rich Endowment
AUSTRALIA’S RICH ENDOWMENT For personal use only Australia has 90 known uranium deposits and the world’s largest uranium resource. 13
Slide 14: Australia's Uranium Production
AUSTRALIA’S URANIUM PRODUCTION For personal use only In the medium to long term, Australia’s uranium production will increase significantly, reflecting Australia’s large low cost uranium resources, proposed new mines and increasing export demand 14
Slide 15: 300% Increase in Indian Nuclear Power in Next Years
300% INCREASE IN INDIAN NUCLEAR POWER IN NEXT 10 YEARS For personal use only 15
Slide 16: India–Australia Uranium Partners
INDIA–AUSTRALIA URANIUM PARTNERS For personal use only • Free trade agreement for uranium rapidly progressing between India and Australia • Modi and Obama agree in Jan 2015 to facilitate supply of nuclear power technology from the US to India for building power stations • PMO recently announces targ
Slide 17: SA and NT Uranium Projects
SA AND NT URANIUM PROJECTS For personal use only 17
Slide 18: Core's Uranium Projects in South Australia
CORE’S URANIUM PROJECTS IN SOUTH AUSTRALIA For personal use only • Core has made an outstanding discovery of high grade uranium on the 100% owned Fitton Project in South Australia • Core’s Fitton drilling in 2012 & 2013 intercepted exceptionally thick and high grade uranium • Significant “new” disco
Slide 19: Fitton Uranium Discovery in World-Class Uranium Mining Province
FITTON URANIUM DISCOVERY IN WORLD-CLASS URANIUM MINING PROVINCE For personal use only Core’s uranium discovery at Fitton only 25km from three operating uranium mines • Proven world-class uranium mining district: – Beverley Mine – Beverly North Mine – Four Mile Mine • Also host to new uranium deposit
Slide 20: Fitton: One of the Best Uranium Discoveries Since Four Mile
FITTON ONE OF THE BEST URANIUM DISCOVERIES IN THE REGION SINCE FOUR MILE For personal use only Core’s exploration work and drilling to date at Fitton has now confirmed that : • uranium mineralisation outcrops (up to 0.30% U3O8 at surface) • uranium mineralisation has high grade at depth (up to 4m @
Slide 21: Scott Lee Prospect, Fitton Project
SCOTT LEE PROSPECT FITTON PROJECT For personal use only • Host structure associated with mineralisation consistently intersected over 1km • Structure open to both east and west and at depth • Many additional structures close to major unconformity in the region to test 21
Slide 22: Scott Lee Drill Results
SCOTT LEE DRILL RESULTS THICK AND HIGH-GRADE URANIUM INTERSECTIONS For personal use only Hole SLRC017 21m @ 384ppm (0.04%) U3O8 from 40m Inc. 6m @ 978ppm (0.10%) U3O8 from 54m Hole SLRC022 19m @ 487ppm (0.05%) U3O8 from 79m Inc. 6m @ 1,112ppm (0.11%) U3O8 from 89m Hole SLRC028 60m @ 482ppm (0.05%) U
Slide 23: Thick and High-Grade Uranium Cross Sections of Drilling
THICK AND HIGH-GRADE URANIUM CROSS SECTIONS OF DRILLING For personal use only 23
Slide 24: Substantial Tenure Position Over Sedimentary Uranium Targets
SUBSTANTIAL TENURE POSITION OVER SEDIMENTARY URANIUM TARGETS For personal use only 24
Slide 25: New Roll Front Uranium Targets
NEW ROLL FRONT URANIUM TARGETS “DOWNSTREAM” FROM FOUR MILE For personal use only 25
Slide 26: Core's Uranium Projects in South Australia
CORE’S URANIUM PROJECTS IN SOUTH AUSTRALIA For personal use only Core holds an outstanding discovery of high grade uranium on the 100% owned Fitton Project in South Australia • Significant “new” discovery with genuine upside • Project includes substantial tenure position including sedimentary and ha
Slide 27: Catalysts for Price Growth
CATALYSTS FOR PRICE GROWTH For personal use only • Federal government co-funded CSIRO study on Core’s Jervois Domain and Albarta projects in the NT: – Generating drill targets at Jervois Domain this month – Exploration finding new zinc targets at Albarta, NT • Zinc focussed drilling planned at Yerel
Slide 28: Company Information
COMPANY INFORMATION For personal use only Shares Board Price A$ ~$0.025 Stephen Biggins - Managing Director Shares on issue 150M Greg English – Non Exec Chairman Market cap (undil.) ~$3.8M Heath Hellewell – Non Exec Director Cash (31/03/15) ~$0.85M Top 20 (Consolidated) ~45% 28
Slide 29: For personal use only
Level 2, 143 Hutt Street Adelaide SA 5000 PO Box 7298, Hutt Street Adelaide SA 5000 Telephone: 08 7324 2987 Facsimile: 08 8312 2002 For personal use only www.coreexploration.com.au Recent announcements The information in this report that relates to Exploration Results 13/05/2015 Multiple drill targe